Announcement • Jun 10
Guangzhou Jiacheng International Logistics Co.,Ltd., Annual General Meeting, Jun 30, 2026 Guangzhou Jiacheng International Logistics Co.,Ltd., Annual General Meeting, Jun 30, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Guangzhou, Guangdong China New Risk • May 22
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 66% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Earnings have declined by 11% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.0% net profit margin). New Risk • May 07
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 41% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Earnings have declined by 8.0% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.0% net profit margin). Reported Earnings • May 01
Full year 2025 earnings released: EPS: CN¥0.08 (vs CN¥0.40 in FY 2024) Full year 2025 results: EPS: CN¥0.08 (down from CN¥0.40 in FY 2024). Revenue: CN¥1.13b (down 16% from FY 2024). Net income: CN¥38.4m (down 81% from FY 2024). Profit margin: 3.4% (down from 15% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Mar 30
Guangzhou Jiacheng International Logistics Co.,Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Guangzhou Jiacheng International Logistics Co.,Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Announcement • Dec 26
Guangzhou Jiacheng International Logistics Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026 Guangzhou Jiacheng International Logistics Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026 Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.06 (vs CN¥0.092 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.06 (down from CN¥0.092 in 3Q 2024). Revenue: CN¥263.8m (down 18% from 3Q 2024). Net income: CN¥30.5m (down 37% from 3Q 2024). Profit margin: 12% (down from 15% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 30
Guangzhou Jiacheng International Logistics Co.,Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Guangzhou Jiacheng International Logistics Co.,Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Announcement • Jun 30
Guangzhou Jiacheng International Logistics Co.,Ltd. to Report First Half, 2025 Results on Aug 09, 2025 Guangzhou Jiacheng International Logistics Co.,Ltd. announced that they will report first half, 2025 results on Aug 09, 2025 New Risk • May 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.6% average weekly change). Valuation Update With 7 Day Price Move • May 14
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥9.97, the stock trades at a trailing P/E ratio of 25.2x. Average trailing P/E is 23x in the Logistics industry in China. Total returns to shareholders of 29% over the past three years. Reported Earnings • Apr 25
First quarter 2025 earnings released: EPS: CN¥0.18 (vs CN¥0.13 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.18. Revenue: CN¥284.2m (down 2.4% from 1Q 2024). Net income: CN¥62.5m (down 4.5% from 1Q 2024). Profit margin: 22% (in line with 1Q 2024). Valuation Update With 7 Day Price Move • Apr 02
Investor sentiment deteriorates as stock falls 34% After last week's 34% share price decline to CN¥8.68, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 19x in the Logistics industry in China. Total loss to shareholders of 32% over the past three years. Announcement • Mar 28
Guangzhou Jiacheng International Logistics Co.,Ltd. to Report Q1, 2025 Results on Apr 25, 2025 Guangzhou Jiacheng International Logistics Co.,Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 Reported Earnings • Feb 20
Full year 2024 earnings released: EPS: CN¥0.59 (vs CN¥0.47 in FY 2023) Full year 2024 results: EPS: CN¥0.59 (up from CN¥0.47 in FY 2023). Revenue: CN¥1.35b (up 9.8% from FY 2023). Net income: CN¥204.7m (up 25% from FY 2023). Profit margin: 15% (up from 13% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 1% per year. Announcement • Feb 20
Guangzhou Jiacheng International Logistics Co.,Ltd., Annual General Meeting, Mar 12, 2025 Guangzhou Jiacheng International Logistics Co.,Ltd., Annual General Meeting, Mar 12, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Guangzhou, Guangdong China Valuation Update With 7 Day Price Move • Jan 01
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥11.99, the stock trades at a trailing P/E ratio of 25.6x. Average trailing P/E is 18x in the Logistics industry in China. Total loss to shareholders of 14% over the past three years. Announcement • Dec 27
Guangzhou Jiacheng International Logistics Co.,Ltd. to Report Fiscal Year 2024 Results on Feb 20, 2025 Guangzhou Jiacheng International Logistics Co.,Ltd. announced that they will report fiscal year 2024 results on Feb 20, 2025 Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥12.21, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 19x in the Logistics industry in China. Total loss to shareholders of 16% over the past three years. Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.17 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.14 (down from CN¥0.17 in 3Q 2023). Revenue: CN¥322.8m (down 5.3% from 3Q 2023). Net income: CN¥48.1m (down 22% from 3Q 2023). Profit margin: 15% (down from 18% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings. Announcement • Sep 30
Guangzhou Jiacheng International Logistics Co.,Ltd. to Report Q3, 2024 Results on Oct 26, 2024 Guangzhou Jiacheng International Logistics Co.,Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥10.45, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 19x in the Logistics industry in China. Total loss to shareholders of 30% over the past three years. Valuation Update With 7 Day Price Move • Aug 28
Investor sentiment deteriorates as stock falls 37% After last week's 37% share price decline to CN¥8.99, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 15x in the Logistics industry in China. Total loss to shareholders of 65% over the past three years. Reported Earnings • Aug 21
Second quarter 2024 earnings released: EPS: CN¥0.23 (vs CN¥0.28 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.23 (down from CN¥0.28 in 2Q 2023). Revenue: CN¥365.4m (up 8.9% from 2Q 2023). Net income: CN¥52.5m (down 18% from 2Q 2023). Profit margin: 14% (down from 19% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. Announcement • Jun 28
Guangzhou Jiacheng International Logistics Co.,Ltd. to Report First Half, 2024 Results on Aug 21, 2024 Guangzhou Jiacheng International Logistics Co.,Ltd. announced that they will report first half, 2024 results on Aug 21, 2024 Announcement • Jun 05
Guangzhou Jiacheng International Logistics Co.,Ltd., Annual General Meeting, Jun 25, 2024 Guangzhou Jiacheng International Logistics Co.,Ltd., Annual General Meeting, Jun 25, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Guangzhou, Guangdong China Reported Earnings • Apr 20
Full year 2023 earnings released: EPS: CN¥0.70 (vs CN¥0.73 in FY 2022) Full year 2023 results: EPS: CN¥0.70 (down from CN¥0.73 in FY 2022). Revenue: CN¥1.23b (down 4.1% from FY 2022). Net income: CN¥164.3m (down 4.0% from FY 2022). Profit margin: 13% (in line with FY 2022). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings. Announcement • Mar 29
Guangzhou Jiacheng International Logistics Co.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Guangzhou Jiacheng International Logistics Co.,Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥13.77, the stock trades at a trailing P/E ratio of 18.1x. Average trailing P/E is 20x in the Logistics industry in China. Total loss to shareholders of 42% over the past three years. Announcement • Dec 30
Guangzhou Jiacheng International Logistics Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 20, 2024 Guangzhou Jiacheng International Logistics Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 20, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.25 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.26 (up from CN¥0.25 in 3Q 2022). Revenue: CN¥340.8m (up 1.9% from 3Q 2022). Net income: CN¥61.7m (up 7.6% from 3Q 2022). Profit margin: 18% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings. Announcement • Sep 30
Guangzhou Jiacheng International Logistics Co.,Ltd. to Report Q3, 2023 Results on Oct 27, 2023 Guangzhou Jiacheng International Logistics Co.,Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023 Reported Earnings • Aug 26
Second quarter 2023 earnings released: EPS: CN¥0.28 (vs CN¥0.27 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.28 (up from CN¥0.27 in 2Q 2022). Revenue: CN¥335.5m (down 1.3% from 2Q 2022). Net income: CN¥63.8m (flat on 2Q 2022). Profit margin: 19% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 30
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: CN¥0.73 (down from CN¥0.82 in FY 2021). Revenue: CN¥1.28b (flat on FY 2021). Net income: CN¥171.1m (down 6.2% from FY 2021). Profit margin: 13% (in line with FY 2021). Revenue missed analyst estimates by 9.3%. Earnings per share (EPS) also missed analyst estimates by 26%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Logistics industry in China. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Nov 16
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Supervisor Liexiao Huang is the most experienced director on the board, commencing their role in 2019. Independent Director Xunliang Lin was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.86 (vs CN¥0.27 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.86. Revenue: CN¥334.6m (up 1.4% from 3Q 2021). Net income: CN¥57.3m (down 3.5% from 3Q 2021). Profit margin: 17% (in line with 3Q 2021). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Logistics industry in China. Valuation Update With 7 Day Price Move • May 26
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥29.59, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 17x in the Logistics industry in China. Total returns to shareholders of 62% over the past three years. Reported Earnings • Apr 28
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: CN¥0.26 (vs CN¥0.26 in 1Q 2021). Revenue: CN¥283.2m (up 13% from 1Q 2021). Net income: CN¥41.6m (up 6.9% from 1Q 2021). Profit margin: 15% (in line with 1Q 2021). Revenue missed analyst estimates by 8.5%. Earnings per share (EPS) also missed analyst estimates by 15%. Over the next year, revenue is forecast to grow 20%, compared to a 27% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Apr 11
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥31.04, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 18x in the Logistics industry in China. Total returns to shareholders of 43% over the past three years. Reported Earnings • Mar 09
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥1.19 (up from CN¥1.07 in FY 2020). Revenue: CN¥1.27b (up 10% from FY 2020). Net income: CN¥182.4m (up 13% from FY 2020). Profit margin: 14% (in line with FY 2020). Revenue missed analyst estimates by 8.5%. Earnings per share (EPS) also missed analyst estimates by 15%. Over the next year, revenue is forecast to grow 38%, compared to a 33% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year and the company’s share price has also increased by 11% per year. Reported Earnings • Oct 19
Third quarter 2021 earnings released: EPS CN¥0.39 (vs CN¥0.34 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥329.9m (up 1.9% from 3Q 2020). Net income: CN¥59.4m (up 17% from 3Q 2020). Profit margin: 18% (up from 16% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥38.85, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 19x in the Logistics industry in China. Total returns to shareholders of 61% over the past three years. Reported Earnings • Apr 25
First quarter 2021 earnings released: EPS CN¥0.26 (vs CN¥0.23 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥250.3m (up 60% from 1Q 2020). Net income: CN¥38.9m (up 12% from 1Q 2020). Profit margin: 16% (down from 22% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 7% per year. Reported Earnings • Mar 24
Full year 2020 earnings released: EPS CN¥1.07 (vs CN¥0.85 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥1.15b (down 3.6% from FY 2019). Net income: CN¥161.6m (up 26% from FY 2019). Profit margin: 14% (up from 11% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 04
Guangzhou Jiacheng International Logistics Co.,Ltd. to Report Fiscal Year 2020 Results on Mar 24, 2021 Guangzhou Jiacheng International Logistics Co.,Ltd. announced that they will report fiscal year 2020 results on Mar 24, 2021 Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥40.36, the stock is trading at a trailing P/E ratio of 40x, up from the previous P/E ratio of 34.7x. This compares to an average P/E of 32x in the Logistics industry in China. Total returns to shareholders over the past three years are 80%. Is New 90 Day High Low • Jan 28
New 90-day low: CN¥33.66 The company is down 28% from its price of CN¥46.58 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Logistics industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.59 per share. Valuation Update With 7 Day Price Move • Jan 18
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥39.17, the stock is trading at a trailing P/E ratio of 38.8x, up from the previous P/E ratio of 33.4x. This compares to an average P/E of 28x in the Logistics industry in China. Total returns to shareholders over the past three years are 51%. Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥33.86, the stock is trading at a trailing P/E ratio of 33.5x, down from the previous P/E ratio of 39.5x. This compares to an average P/E of 26x in the Logistics industry in China. Total returns to shareholders over the past three years are 32%. Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥35.95, the stock is trading at a trailing P/E ratio of 35.6x, down from the previous P/E ratio of 42.3x. This compares to an average P/E of 26x in the Logistics industry in China. Total returns to shareholders over the past three years are 43%. Is New 90 Day High Low • Jan 06
New 90-day low: CN¥39.88 The company is down 9.0% from its price of CN¥43.71 on 30 September 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Logistics industry, which is up 7.0% over the same period. Valuation Update With 7 Day Price Move • Dec 01
Market bids up stock over the past week After last week's 16% share price gain to CN¥48.33, the stock is trading at a trailing P/E ratio of 47.9x, up from the previous P/E ratio of 41.2x. This compares to an average P/E of 30x in the Logistics industry in China. Total returns to shareholders over the past three years are 84%. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥151.9m, up 6.0% from the prior year. Total revenue was CN¥1.16b over the last 12 months, down 2.9% from the prior year. Is New 90 Day High Low • Oct 13
New 90-day high: CN¥51.57 The company is up 138% from its price of CN¥21.66 on 15 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Logistics industry, which is up 14% over the same period. Valuation Update With 7 Day Price Move • Oct 13
Market bids up stock over the past week After last week's 18% share price gain to CN¥51.57, the stock is trading at a trailing P/E ratio of 56.1x, up from the previous P/E ratio of 47.5x. This compares to an average P/E of 35x in the Logistics industry in China. Total returns to shareholders over the past three years are 58%. Announcement • Jul 09
Guangzhou Jiacheng International Logistics Co.,Ltd. to Report First Half, 2020 Results on Aug 21, 2020 Guangzhou Jiacheng International Logistics Co.,Ltd. announced that they will report first half, 2020 results on Aug 21, 2020